Coral India Finance & Housing Reports Mixed Results for Q4 2023

Coral India Finance & Housing, a microcap finance company, recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financials, Coral India Fin. has seen a negative performance in the quarter, with a score of -10 compared to 24 in the previous three months. However, there are some positive aspects to note. The company's cash and cash equivalents have shown improvement, with the highest amount of Rs 18.44 crore in the last six half-yearly periods, indicating better short-term liquidity.

On the other hand, there are some areas that are not performing well for Coral India Fin. The Profit Before Tax less Other Income (PBT) for the quarter has fallen by 66.16% year on year, and the Profit After Tax (PAT) has also decreased by 54.4% year on year. The Operating Profit (PBDIT) for the quarter is at its lowest in the last five quarters, and the company's Earnings per Share (EPS) have also declined, indicating a decrease in profitability and lower earnings for shareholders.

It is important to note that this article is based on the company's financial data and does not include any external sources or recommendations. Investors should conduct their own research and analysis before making any investment decisions.